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| 1 | |
In which view of leadership, is the leader seen as the key force in determining the success of the organization? |
| | A) | internal |
| | B) | external |
| | C) | personal |
| | D) | romantic |
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| 2 | |
Which of the following is likely to be a result of unique, valuable, and difficult for rivals to copy competitive advantages? |
| | A) | a targeted outcome |
| | B) | a sustainable outcome |
| | C) | a focused outcome |
| | D) | a popular outcome |
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| 3 | |
Strategic management involves the consideration of effectiveness and efficiency with no recognition of the trade-offs between the two. |
| | A) | True |
| | B) | False |
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| 4 | |
A good manager has no flexibility, when considering the original strategic plan. The intended strategy must, in all cases, be the realized strategy in order for a firm to get good results. |
| | A) | True |
| | B) | False |
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| 5 | |
Zero sum thinking is in direct contrast with ________ thinking. |
| | A) | emergent strategic |
| | B) | symbiosis |
| | C) | leadership |
| | D) | creative |
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| 6 | |
The stakeholders who are relevant for an organization, meaning that they have a stake in and can influence the performance of an organization, include shareholders and other individuals and groups that are internal and external to the organization. |
| | A) | True |
| | B) | False |
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| 7 | |
For organizations to be socially responsible, they must be accountable only to their stockholders. |
| | A) | True |
| | B) | False |
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| 8 | |
The three components of the triple bottom line approach to corporate accounting include _______, environmental, and social performance measures. |
| | A) | social |
| | B) | stakeholder |
| | C) | financial |
| | D) | marketing |
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| 9 | |
Strategic management should take place at what organizational level? |
| | A) | at the top of the organization |
| | B) | throughout the organization |
| | C) | from the bottom up in an organization |
| | D) | at the middle of the organization |
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| 10 | |
Vision statements do not cover strategic objectives. They are more general in nature. |
| | A) | True |
| | B) | False |
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